Property and Equipment

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment

(2) Property and Equipment
 

Property and equipment consists of computer hardware and software which was $15,505,431 and 15,544,212 for the years ended in 2022 and 2021, respectively. Accumulated depreciation and amortization was $15,419,168 and $15,390,308 in 2022 and 2021, respectively. During the year ended December 31, 2022, the Company did not write off fixed assets or related accumulated depreciation. During the year ended December 31, 2021 the Company wrote-off furniture and equipment, leasehold improvements and related accumulated depreciation upon exiting various facilities and recorded an associated loss of $50,149 in general and administrative expense.

Depreciation and amortization expense was $61,215 and $133,665 in 2022 and 2021, respectively.